Crypto scams likely set new record in 2024 helped by AI, Chainalysis says
The rise of "pig butchering" scams and the increasing use of generative artificial intelligence likely lifted revenues from crypto scams to a record high in 2024, according to blockchain analytics firm Chainalysis.
Pig Butchering Crypto Scam Hits Nearly 40% YoY as AI Fraud Grows 1,900%: Chainalysis
In 2024, crypto scams hit $9.9B with pig butchering surging 40% and AI fraud exploding 1,900%, Chainalysis report reveals.
Crypto scams set for biggest year ever due to AI: Chainalysis
Fueled by the growth of AI and professional scamming support services, crypto scammers could have their biggest year yet in 2025.
Crypto scams likely hit a new record in 2024, driven by 'pig butchering' and AI, says Chainalysis
Crypto scam revenue is estimated to have hit record levels last year as cybercriminals leverage new technologies like AI and become more organized.
Cryptocurrency scam losses likely hit record in 2024, research says
Losses from cryptocurrency scams are on track to hit record levels in 2024 after scammers have increasingly used generative AI to trick victims. Cryptoc
Chainalysis: 2024 was a record year for scammers, with more sophisticated tactics
Scammers became more active in 2024, ending up with an estimated haul between $9.9B and $12.4B. Chainalysis discovered high yield scams were the most active, followed by personalized confidence or job scams.
AI-driven crypto scams could reach $15 billion in 2025, Chainalysis warns
On-chain analytics platform Chainalysis has warned that cryptocurrency scams could surge over the coming year with the support of artificial intelligence. According to a February 13 report from Chainalysis,
4K+ investment scam reports since 2020: report
DAYTON, Ohio (WDTN) — The Better Business Bureau has witnessed an uptick in investment scam reports since 2020. According ...
MOAA3d
True Love, or Total Fraud? How Romance Scams Lure Troops, Vets, and Survivors
“Romance scams are an epidemic. They prey on people from all walks of life. The scams typically originate via text, social ...
Hosted on MSN5mon
Crypto scams involving Bitcoin ATMs explode by 1,000% since 2020: FTC
The Federal Trade Commission (FTC) has reported a 10-fold rise in scams involving Bitcoin ATMs since 2020, citing scams driven by fraudsters exploiting anonymity and the speed of cryptocurrency ...
California man steals $50 million using fake investment sites, gets 7 years
A 59-year-old man from Irvine, California, was sentenced to 87 months in prison for his involvement in an investor fraud ring ...
Fact check: Post falsely claims serial killer, wife at large after killing 3 officers
The post misidentifies the people in the photos, who were arrested years apart in different countries. Police called the post ...
Forbes9mon
How To Avoid Job Scams While Changing Careers
An estimated 14 million people are exposed to employment scams yearly, with $2 billion in direct losses annually, reported in a 2020 study by the Better Business Bureau. Women accounted for 66.7% ...
TECHNOBABBLE: Tax time means scam time
I see stories about it at least once a week, but during tax season I see a story almost every day. Someone gets duped into sending hundreds or thousands of dollars to criminals. There are many ...
MoneyWeek10mon
£2.6bn lost to investment scams between 2020 and 2023, Pensions Management Institute finds
Investment scams have conned almost 100,000 people into handing over £2.6bn to fraudsters since 2020, new research by the Pensions Management Institute (PMI) has found. Between January 2020 and ...
Which4d
The latest scam alerts from Which?
Find out about the latest scams trending this month. Come across a scam? Let us know by using our scam sharer tool. For weekly updates on the scams you need to be aware of, sign up to our free ...